Method and mobile terminal for managing advertisement

A method for displaying contest items on a communication terminal, the method comprising:

• storing a plurality of advertising items in a database, wherein each of the stored advertising item is associated with an advertising keyword and location;
• determining contest items among the stored advertising items when a search keyword is input from a searcher, wherein the contest items are extracted from the stored advertising items based on the search keyword and position information of the communication terminal;
• displaying the contest items for a contest within a contest space on the communication terminal, wherein the contest items are simultaneously displayed within the contest space and each display position of content items within the contest space is randomly changed during the contest;
• and
• displaying current contest ranks of the contest items within the contest space during the contest, wherein the contest ranks is determined based on at least one of a number of clicks from searchers and sales record of the contest items;